KLP Kapitalforvaltning AS Raises Position in Amkor Technology, Inc. $AMKR

KLP Kapitalforvaltning AS grew its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 19.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,500 shares of the semiconductor company’s stock after purchasing an additional 4,300 shares during the period. KLP Kapitalforvaltning AS’s holdings in Amkor Technology were worth $556,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AMKR. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Amkor Technology during the 1st quarter valued at $27,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Amkor Technology by 416.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 1,292 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Amkor Technology by 166.3% during the 1st quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 1,357 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 854 shares during the last quarter. Finally, AlphaQuest LLC purchased a new stake in shares of Amkor Technology during the 1st quarter valued at $53,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Insider Activity

In other news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $30.74, for a total transaction of $307,400.00. Following the sale, the chief executive officer directly owned 356,699 shares in the company, valued at $10,964,927.26. This trade represents a 2.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Farshad Haghighi sold 11,792 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total value of $294,800.00. Following the sale, the executive vice president owned 8,354 shares in the company, valued at $208,850. This trade represents a 58.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 46,792 shares of company stock worth $1,255,900. 26.90% of the stock is currently owned by corporate insiders.

Amkor Technology Price Performance

Shares of AMKR opened at $31.29 on Friday. The business’s 50-day moving average is $26.80 and its two-hundred day moving average is $22.02. The company has a market capitalization of $7.73 billion, a P/E ratio of 25.44 and a beta of 1.98. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.70 and a current ratio of 1.89. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $33.54.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.06. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.42 billion. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period last year, the firm earned $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Research analysts predict that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.

Amkor Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 3rd were given a dividend of $0.0827 per share. The ex-dividend date was Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.1%. Amkor Technology’s dividend payout ratio (DPR) is 26.83%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. raised their target price on Amkor Technology from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. B. Riley raised their target price on Amkor Technology from $18.00 to $24.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 29th. Wall Street Zen upgraded Amkor Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Needham & Company LLC raised their target price on Amkor Technology from $22.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Finally, The Goldman Sachs Group raised their target price on Amkor Technology from $22.00 to $26.00 and gave the stock a “neutral” rating in a research note on Thursday, October 9th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $27.11.

Amkor Technology Company Profile

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.